Ebay Pays The Bills

I am not having any luck getting myself going with a new income in internet marketing, but I am doing OK with my Ebay sales.  What made me think of that is someone just bought a $579 item.  This was something I paid over $600 for a couple years ago and never used. 

That is not the way to make money, but it is nice to be able to sell excess personal stuff for just a slight loss after deciding it is not needed.

Ebay is one of the quickest ways to make some quick extra cash.  Sell some excess items from around the house and you can have cash in your PayPal account in a few days.

Everything sells on Ebay.  Check the competition's prices and then list and sell.  Some might say sell yours for a lower price than everyone else.  I often sell for a higher price than most others. 

My Ebay strategy to to see what the highest price an item sold for recently and then price my item just under that high price.  Sometimes an item that I would have gotten $49 for, I get $99 for using this pricing method.

Fees are higher when you price high.  My way to deal with this is to list an item once and if it does not sell, move it to my Ebay Store.  Store listing are a few cents instead of a few dollars for an item like the one I just sold.

OK, that item was listed as an auction and did not sell.  I moved it to my Ebay Store and that is where it sold from. 

Sometimes at the end of the month I will list an item for 3 days and if it does not sell, I will relist it for 7 days and then if it does not not sell, I will move it to my Ebay Store. 

At the end of the month I often need money to pay a bill or the rent, so I sell using 3 day auctions.  I prefer 7 days auctions as they get more exposure.

Auction length depends on the item.  If I have a hot product that ALWAYS sells, I will list it as a 3 day auction.  I pretty much know what it will sell for and price it accordingly.  If an item is one of a kind and I do not know how well it will sell, I want as much exposure as possible.  Antiques and high priced items fall in that category for me.